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Massachusetts follows the federal rules concerning rollovers from existing IRAs to Roth IRAs. However, similar to the Massachusetts treatment of IRA distributions, the amount includible on the Massachusetts return by a Massachusetts full-year and/or part-year resident will only include the amounts in excess of the original contributions that were previously taxed by Massachusetts.
Once you've entered your information into the program, Turbotax will figure the amount of taxable rollover.
Please view the Massachusetts link below for more information and to see some example calculations.
Hi there - this is a great question and I am running into it as well. It keeps adding 5.3% MA tax on when I track the before and after MA tax owed. My federal does not change. Did you figure out how to fix this?
I will add my contributions to my Traditional are non-deductible. I'm doing the backdoor and I keep seeing my MA state tax goes up by 5.3% of the $6K. So frustrating.
I assume you are a tax resident of MA.
After entering your 1099-R in the Federal section of TurboTax, then go to your MA taxes.
You need to continue through the MA state screens until you get to the screen, Taxable IRA/Keogh Distributions. On that screen, there is a box to enter "Other Contributions Previously Taxed by MA" This is where you should enter your previously taxed contributions.
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